Quote from: sonofacoin on January 08, 2015, 05:28:06 AM

Quote from: Nagle on January 08, 2015, 04:51:15 AM

Quote from: Blazin604 on January 08, 2015, 03:36:27 AM

Where are we headed from here?

Probably sideways until it becomes clear if Bitstamp is going bust.

Have a look at the price TA I have been doing. https://bitcointalk.org/index.php?topic=869082.0

We are in a very strong falling wedge with no real attempt to break up. There will be bumps along the road where traders can make some money. But like someone mentioned here, big money has shifted from bullish to bearish making money on Shorts or Puts.

Eventually, we will see these same players going into Calls and creating long bullish positions. And with the coins being harder to mine, you will see a bigger rally. And rinse and repeat.

Someone else mentioned that Microsoft and other big companies are accepting Bitcoin and that for that reason it will never die. I think they are just targeting a audience, and it doesn't mean they believe in the coin.

The true value of the coin is not it's price. Have and hold one or two or five coins now. And thank the Blockchain later in 5-10 years. Yes, Five to Ten years.

Marketing =) As a tech company, or really any business with anything to do with computer hardware/software/or services, you would almost be crazy not to. Accounting is manageable, risk is almost nothing for a merchant, set up in minutes, less fees, attract the already accepting bitcoin community, separate yourself from competitors that are old and boring, give yourself an innovative image, potentially learn some loyalty points, and referrals from educating customers who spread the word... All for, really no (or very little) investment... Volatility worries gone... just pure opportunity.